Report on institutions worth $38 trillion finds growth in low carbon investment and support for climate resolutions but little progress on stranded asset risk Climate change is rapidly moving up the agenda for the world’s biggest investors as pension funds and insurers recognise the need for action to protect the savings and financial security of hundreds of millions of people, ...

A week after more than 170 countries signed the Paris Agreement and investors voted on a shareholder climate risk resolution at the AGM of US utility AES Corporation, a global network of more than 270 institutional investors (representing assets worth over €20 trillion) has published a guide setting out the threats facing the utilities sector and investor expectations for how ...

A reduction in the amount of oxygen dissolved in the oceans due to climate change is already discernible in some parts of the world and should be evident across large regions of the oceans between 2030 and 2040, according to a new study led by the National Centre for Atmospheric Research (NCAR). Scientists know that a warming climate can be ...

Two more countries have signed the Paris Climate Change Agreement, bringing the total number of signatories to 177 Parties (176 countries and the European Union) since the agreement was opened for signature at a high-level ceremony in New York on 22 April 2016. The two new signatories are Seychelles, who signed on 25 April 2016, and The Gambia who signed on 26 ...

Plumes of smoke filled the air of a muddy Nairobi National Park last Saturday as Kenya’s President Kenyatta presided over the burning of 105 tons of elephant ivory and 1.35 tons of rhino horns to send a message to the world that ivory is worth more on an elephant than it is in the market. The torching of this stockpile ...

Nigeria loses over 21,000sq km of its arable land annually to desertification which encroaches into the northern region of the country from the Sahara Desert. The destruction of farmlands in the north and the harsh weather caused by the desert have been blamed for the mass migration of locals down south in search of greener pastures, a situation that has contributed ...

Forget New York, London or Hong Kong. Here are seven cities that are racing up the rankings of the world’s richest, and will be among the top 10 by 2025, according to researchers from the McKinsey Global Institute. Doha, Qatar Qatar’s Doha is predicted to be one of the rising stars in terms of per capita GDP. The country is ...

Against the backdrop of the reaction of a member of the Ekiti State Branch of the Nigerian Medical Association (NMA) to pronouncement made by the Federal Road Safety Corps (FRSC) over the root cause of a recent road crash, the FRSC has said that it stands by its statement as, according to the Corps, it is credible. Following the crash, ...

Emerging economies face as much as 10 per cent losses in working hours because of deteriorating thermal conditions in the workplace due to climate change, according to a new report released on Thursday. The estimated losses imply adverse consequences of a similar scale to economic output, or GDP, for a wide range of developing countries, including India, Indonesia and Nigeria, ...

As BAT celebrates another year of profits, anti-tobacco groups in Nigeria join global day of action to demand an investigation into grey areas On the heels of allegations of questionable dealings in Africa by the British American Tobacco (BAT), the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) on Tuesday joined advocates in Africa, UK and Latin America to demand ...